Exact(8)
Many banks will also accept collateral against part of the loan.
Moreover, they find little evidence that the majority of the public supports the principle of noncombatant immunity, and, contrary to just war doctrine, Americans are more likely to accept collateral deaths of foreign civilians when those civilians are described as politically sympathetic with the adversary.
The ECB might also hesitate to support rickety banks domiciled in countries with bust governments, or accept collateral from those countries even if posted by "safe" banks in the more stable parts of Europe.The direct costs for Europe's banks of either form of collapse might be bearable.
He asks: "What, after all, is 'collateral damage' but the inadvertent torture of innocent men, women and children?" The question that naturally follows is: if we are prepared to accept collateral damage as a necessary evil to achieve a goal, with all the loss of innocent life that implies, then why are we not prepared to accept torture as a means of advancing towards the same goal?
Because an antihero doesn't care about others, he's liable to accept collateral damage in the service of killing his enemies.
"We are willing to accept collateral damage for the greater good of shortening the duration of the war and saving more lives," Mustafa Gheriani said.
Similar(52)
Mr. Greenspan also said that the Fed was now considering including certain state debt and the debt of foreign governments as accepted collateral for primary dealers.
A spokesman for Abbey said: "Abbey welcomes and supports the Bank of England's decision to broaden its range of accepted collateral.
Among the biggest participants that provide funding in this market are the money market mutual funds; they lend their cash to banks and other institutions, accepting collateral like mortgage securities in exchange.
Increasing the haircuts for some securities would offer extra protection against the risk that initial valuations of collateral are too generous.When accepting collateral, the ECB could also restrict or ban the use of some securities that seem to have been created primarily to take advantage of central-bank funding.
What sort of assets do banks accept as collateral?
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